HORSEPLOP.COM
General Category => Harness Racing => Topic started by: captaintreacherous on August 17, 2026, 02:19:40 PM
-
Just glancing at Pocono today...and the Total Handle
on some races is Less than the Purse...
some races about even with the purse..
so the math shows it is costing the powers that be
$200K or more per day to run the card..
I am thinking the track takes in 20% per $ but only keeps
say 10% per $..
and then add Track Maintenance, Electric, Water,
Insurance, paddock help, employees etc etc
How long will the bean counters accept these losses
at the "Racinos"..
Not going to be forever...another year or 2 and these
suits are going to look for outs to get rid of the losses
on the Racing product..
The tracks have to be horseman owned or they will
be out of business...e.g. Pompano Park
as soon as decoupled...bye bye
-
do you not understand that purses are funded by a small percentage of slot machine revenue for all six Pennsylvania tracks?
or do you just like starting nonsensical threads from yesteryear that have been rehashed a million times already?
-
understood...wher e the purse $ comes from...
We know this.
that is not the question....read the thread...
HOW LONG will the casino interests keep forking
over their hard earned slot $$$ profits for the Buggy races
where they see No attendance and minimal online
wagering.
The huge corporations like MGM didnt get where they
are by charity....
The only interest they have is Casino....
Do u think they will open Harness tracks stand alone?
They are a total loser...and then some.
I am sure their Attorneys are working 24/7
figuring out longterm angles of dropping the harness
tracks from their Menu.
Not if....but when.
interest in most cases.
-
With a 5 day card the Casino interests are Losing
close to $1 Million per week per track....
funding $12K to 22K purses.
and if you think they will not Bail at the first possible
chance....well... .
what more can we say.
If the purses were $4000 or $5000 the tracks may last longer.
-
understood...where the purse $ comes from...
We know this.
that is not the question....read the thread...
HOW LONG will the casino interests keep forking
over their hard earned slot $$$ profits for the Buggy races
where they see No attendance and minimal online
wagering.
The huge corporations like MGM didnt get where they
are by charity....
The only interest they have is Casino....
Do u think they will open Harness tracks stand alone?
They are a total loser...and then some.
I am sure their Attorneys are working 24/7
figuring out longterm angles of dropping the harness
tracks from their Menu.
Not if....but when.
interest in most cases.
oh geez
it is the state of Pennsylvania that has legislature written for the purses funded by slots revenue-the casino companies have no say what is allocated for purses
stop pointing the finger at the casino companies like they are involved and properly address your concerns with a more appropriate title like "How long will the state of Pennsylvania .....blah blah blah"
its called decoupling and there are about 10,000 threads on that already
got it?